National
Report: Inflation costs families around $3,500 this year(The Center Square) – A new report estimated the annual cost of elevated inflation this year will be around $3,500 per household. The Wharton School of the University of Pennsylvania,… Read More
National
Home prices at 45-year high, pricing many buyers out of the market(The Center Square) – Home prices are at a 45-year high, pricing many buyers out of an historic seller’s market, new data published by CoreLogic show. Annual home prices… Read More
National
Inflation soars, hitting nearly 40 year high(The Center Square) – Consumer prices increased by nearly 7% in November 2021 compared to the same timae last year, newly federal inflation data show, the steepest rise in decades. Read More
National
Experts predict less economic growth, elevated inflation for years to come(The Center Square) – A survey released Monday found that business experts expect prices and inflation to rise at elevated levels for years to come. The National Association for… Read More
National
Biden releases oil reserves to address rising gas prices(The Center Square) – President Joe Biden announced Tuesday his administration will release 50 million barrels of oil from the Strategic Petroleum Reserve to help address skyrocketing energy costs. The… Read More
National
Thanksgiving dinner, travel, Black Friday shopping more expensive as inflation continues to rise(The Center Square) – As Americans prepare for Thanksgiving this year, traveling and cooking a family dinner will be significantly more expensive. Inflation has increased by more than 6.2% this… Read More
National
Inflation hits 30-year high as holiday season nears(The Center Square) – The prices of everyday goods are getting increasingly more expensive, new federal data confirm. The Department of Labor’s Bureau of Labor Statistics on Wednesday released its… Read More
National
Global economic group raises concerns about U.S. inflation, economy(The Center Square) – A major international economic forecasting group has now lowered its optimism about a U.S. rebound from the COVID-19 pandemic. The Organisation for Economic Cooperation and Development… Read More
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Rising inflation could mean largest social security increase since 1983(The Center Square) – Rising inflation and the price increases that come with it may lead to the highest raise for senior citizens in decades. The Senior Citizens League predicted… Read More
National
Inflation hits levels of 2008 financial crisis(The Center Square) – Newly released federal data showed a major spike in consumer prices, worrying experts about the continued rise of inflation. The Bureau of Labor Statistics released consumer… Read More